Rising Threat from Cyber Attacks

The threat from cyber attacks is on the rise.  On Friday, the Wall Street Journal reported that 2,411 companies had been the victims of a hacking operation that was part of an 18-month global attack that exposed vast amounts of personal and corporate secrets and intellectual property to theft. The attacks, which originated in Europe and China, targeted major corporations and government agencies including pharmaceutical giants Merck & Co. and... [Read More...]

Citibank Computers Hacked by Russian Cyber Gang

In additional cyber security news, the Wall Street Journal reported today that Citibank was the victim of a hack by what appears to be a Russian cyber gang that resulted in the loss of tens of millions of dollars. The attack also targeted two other entities, at least one of which is a government agency.  The attack was discovered over the summer, but could have taken place as much as a year earlier.  The case is being investigated by the FBI with... [Read More...]

The New Face of Cybercrime

Organizations need to comprehend the threat posed to intellectual assets by sophisticated, well organized groups  Read More →

US Intelligence Detects Cyber Spies

WSJ’s Intelligence Reporter Siobhan Gorman says that Intelligence officials have found cyber spies lurking in the U.S. electrical infrastructure.  Read More →

Government Reports Computer Spies Breach Fighter Jet Project

According to the Wall Street Journal’s  Siobhan Gorman, August Cole, and Yochi Dreazen,  computer spies have broken into the Pentagon’s $300 billion Joint Strike Fighter project.   This is the  Defense Department’s costliest weapons program ever, how can this be?  Tell me its not true. Was 9/11 not enough of a wake up call?  The events of that day cast doubt on the US government’s ability to protect its people.   Now... [Read More...]

Cybersecurity Rules for Private Networks Proposed

According the the Washington Post and reporters Joby Warrick and Walter Pincus “Senate Legislation Would Federalize Cybersecurity, April 1, 2009″ there is a new Senate Bill which proposes mandatory security standards for private industry.  The legislation, co-sponsored by Senate Commerce Committee Chairman John D. Rockefeller IV (D-W.Va.) and Sen. Olympia J. Snowe (R-Maine), was drafted with White House input. It is my opinion that this is nothing... [Read More...]

Is Your Critical Business Information Safe?

Recent news indicates that two large payment processors have become the victims of electronic compromise. According to RBS WorldPay in a press release the company states “Certain personal information of approximately 1.5 million cardholders and other individuals may have been affected and, of this group, Social Security numbers of 1.1 million people may have been accessed”. Heartland in a statement to the public indicated that it contacted more... [Read More...]

Loose Lips Sink Ships…and Maybe Companies Too

I’m sure we all remember growing up being told by parents, teachers, and others to be careful of what we say and who we say it to.   World War II GIs were taught “Loose Lips Sink Ships”.  These sage words ring true today.  Business environments are highly competitive, rich in proprietary data, and intricately dependent on the actions of its employees and business partners. While the use of Information Technology has enabled organizations... [Read More...]